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Philippines – Here in our country opening a savings account at any Bank is a very good example of saving money for the near future or for any future purposes that will benefit the account holder or their families.

Saving money is an old but reliable habit of Filipino’s whenever an emergency comes in, there will be always a solution if you have money.

But how can we save money if we don’t have a savings account? Here is a simple and easy guide to open a savings account at BDO. Take note: this guide only applies at BDO which may be different from other Banks.

Quick Guide and Requirements on how to open an ATM Savings Account with Passbook at BDO.

For Employed or Factory Workers

1. Bring 2 Valid ID’s
2. Proof of Billing
3. 1x1 ID Picture
4. Minimum of 10,000 Pesos for deposit.
5. After that go to the nearest BDO Branch.
6. Ask for the guard that you are looking to open a savings account so he can assist you.
7. A customer representative will assist and guide you.
8. Just fill up all the form that the Customer representative will give you.
9. If all details are correct and successful you will have your Passbook at the end of the procedure.
10. ATM card will be given after 7 working days. So you will return for the ATM release.

For Self Employed

1. Bring 2 Valid ID’s
2. Proof of Billing
3. Proof of Income
4. 1 x 1 ID Picture
5. Minimum of 10,000 Pesos for deposit.
6. After that go to the nearest BDO Branch.
7. Ask for the guard that you are looking to open a savings account so he can assist you.
8. A customer representative will assist and guide you.
9. Just fill up all the form that the Customer representative will give you.
10. If all details are correct and successful you will have your Passbook at the end of the procedure.
11. ATM card will be given after 7 working days. So you will return for the ATM release.

This is my own experience at BDO Cabuyao, if one of my tips does not apply to you? You are welcome to contact me.